Idaho § 30-23-305 PARTNERSHIP LIABLE FOR PARTNER’S ACTIONABLE CONDUCT

Idaho Statutes

§ 30-23-305 — PARTNERSHIP LIABLE FOR PARTNER’S ACTIONABLE CONDUCT

Idaho·Title 30 CORPORATIONS·Part 3 RELATIONS OF PARTNERS TO PERSONS DEALING WITH PARTNERSHIP·Ch. 23 GENERAL PARTNERSHIPS

(a)A partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with the actual or apparent authority of the partnership.

(b)If, in the course of the partnership’s business or while acting with actual or apparent authority of the partnership, a partner receives or causes the partnership to receive money or property of a person not a partner, and the money or property is misapplied by a partner, the partnership is liable for the loss.

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(a) A partnership is liable for loss or injury caused to a person, or for a penalty incurred, as a result of a wrongful act or omission, or other actionable conduct, of a partner acting in the ordinary course of business of the partnership or with the actual or apparent authority of the partnership.
(b) If, in the course of the partnership’s business or while acting with actual or apparent authority of the partnership, a partner receives or causes the partnership to receive money or property of a person not a partner, and the money or property is misapplied by a partner, the partnership is liable for the loss.

Idaho § 30-23-305 (PARTNERSHIP LIABLE FOR PARTNER’S ACTIONABLE CONDUCT) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.